§ 1072 Veteran Home Financial Reports

(a) On or before February 1, 2019, the department shall submit to the Legislature and post in a prominent location on its Internet Web site in an accessible and searchable format a financial report that provides all of the following information regarding each home identified in subdivision (b) of Section 1070: (1) The amount of state funds budgeted to and the amount of revenue collected from the home. (2) The remaining amount of expected revenue from the home over a period of several years, as applicable. (3) Aggregate costs of care per resident, segregated by level of care, for the home. (4) Current maintenance costs of the home. (5) Projected maintenance costs for the home. (b) The department shall update the report required by subdivision (a) on or before February 1, 2020, and annually thereafter. The department shall submit to the Legislature and post on its Internet Web site each updated annual report in compliance with this chapter. (Added by Stats. 2017, Ch. 509, Sec. 1. (AB 1365) Effective January 1, 2018.)